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LIBOR Fallback Amendment

US EURODLR FUTURES
CME PLANS LIBOR EURODOLLAR CONTRACT FALLBACK RULE, Bbg
  • More to follow the CME is announcing rule amendments to Eurodollar futures contracts on the effective date of a fallback event: "formalizing the terminating all trading of the product after June 2023" traders note, as "CME will convert open positions into positions in the corresponding CME Three-Month SOFR Futures or CME Options on Three-Month SOFR Futures contract, as applicable'".

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